Technip Energies Awarded Floating Offshore Wind Readiness Prize from U.S. Department of Energy

Technip Energies, along with three partners – Crowley, Anchor QEA, and Offshore Construction Associates – has been awarded the Floating Offshore Wind Readiness (FLOWIN) prize for Phase One by U.S. Department of Energy.  The prize was awarded for Technip Energies’ in-house floater solution INO15^TM, a three-column semi-submersible concept designed to support 15 MW wind turbine.  Technip Energies was one of nine $100,000 award winners.

The overarching goal of the three-phase FLOWIN prize is to establish a pathway to cost-effective domestic manufacture and deployment of commercial utility-scale floating wind farms in U.S. waters. The prize reflects Technip Energies’ commitment, development and experience with Floating Offshore Wind and our extensive worldwide experience with offshore floating production platforms.

Winners from FLOWIN Prize Phase One are eligible to move into Phase Two of the competition, in which each team will develop a detailed industrialization pathway for U.S. mass manufacturing and deployment of its floating offshore wind energy substructure design in giga-watt scale farms in U.S. waters.  All aspects of the process will need to be addressed including U.S. suppliers, fabrication facility and tooling plans, specific port accommodations, and how vessel requirements will be met while maximizing the use of U.S. infrastructure. 

Wei Cai, Chief Technology Officer of Technip Energies said: “We are very pleased to be awarded this FLOWIN prize. This provides Technip Energies the opportunity to help establish infrastructure and supply chain in the U.S. and prepare us for executing floating wind projects in upcoming U.S. Offshore Floating Wind market.”

Technip Energies is a worldwide leader and one of the most experienced contractors in floating facilities including pioneering floating offshore wind.  It is presently executing four large Floating Offshore Wind Front-End Engineering and Design (FEED) projects in Europe and South Korea using the industrialized INO15^TM floater concept.  This along with extensive floating platforms experiences will be leveraged to adapt the INO15^TM floater design and execution plan for US manufacturing and deployment.  Technip Energies with its partners will develop plans for fabrication facilities, ports and infrastructure to execute the deployment of INO15^TM concept.

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO₂ management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.

Operating in 35 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”). For further information: www.ten.com.